Anderson Kathryn Low 4
4 · GUESS INC · Filed Apr 29, 2020
Insider Transaction Report
Form 4
GUESS INCGES
Anderson Kathryn Low
Chief Financial Officer
Transactions
- Award
Common Stock
2020-04-27+8,260→ 78,260 total
Footnotes (1)
- [F1]To further align executive officers interests with shareholders and to conserve cash in light of the impact of the COVID-19 pandemic, the GES Compensation Committee determined in April 2020 to pay certain fiscal 2020 annual cash incentive awards, including a portion of the award for Kathryn Anderson, in shares of GES common stock instead of cash. Accordingly, on April 27, 2020, Ms. Anderson received a number of fully-vested GES shares equal to a portion of her approved bonus for fiscal 2020, less applicable withholdings and deductions, divided by the closing price per share of GES common stock on April 27, 2020, which resulted in the grant of 8,260 shares. Ms. Anderson also received a $100,000 cash bonus payment for fiscal 2020 that was guaranteed pursuant to the terms of her offer letter